U.S. Economic Outlook: Midyear Update — Sticking to Script
The economy is weathering shock after shock, but its staying power is increasingly fragile and it all hinges on the consumer.
Despite a seemingly never-ending series of shocks, the economy continues to grow in line with expectations. But there are many threats, some of which we take up in the webinar, including prospects for higher inflation and interest rates, a weaker job market, and a more cautious consumer.
Speakers
Mark Zandi
Chief Economist
Moody's Analytics
Cris deRitis
Deputy Chief Economist
Moody's Analytics
Marisa DiNatale
Head of Global Forecasting
Moody's Analytics
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Mark Zandi is chief economist of Moody’s Analytics, where he directs economic research. Moody’s Analytics, a subsidiary of Moody’s Corp., is a leading provider of economic research, data and analytical tools. Dr. Zandi cofounded Economy.com, which Moody’s purchased in 2005.
Dr. Zandi is on the board of directors of MGIC, the nation’s largest private mortgage insurance company, is the lead director of PolicyMap, a data visualization and analytics company used by policymakers and commercial businesses, and is a director of the Coleridge Initiative, a nonprofit that facilitates the exchange of data across governments.
He is a trusted adviser to policymakers and an influential source of economic analysis for businesses, journalists and the public. Dr. Zandi frequently testifies before Congress and conducts regular briefings on the economy for corporate boards, trade associations and policymakers at all levels.
Dr. Zandi is the author of Paying the Price: Ending the Great Recession and Beginning a New American Century, which assesses the monetary and fiscal policy response to the Great Recession. His other book, Financial Shock: A 360º Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis, is described by The New York Times as the “clearest guide” to the financial crisis. Dr. Zandi is host of the Inside Economics podcast.
Dr. Zandi earned his BS from the Wharton School at the University of Pennsylvania and his PhD at the University of Pennsylvania.
Cristian deRitis, Deputy Chief Economist at Moody’s Analytics, specializes in assessing the economy’s impact on household finance, housing, credit markets and public policy. Named on two U.S. patents for credit modeling, he created loss forecasting and stress testing systems for financial institutions. He joined Moody’s in 2008, after serving as a director with Fannie Mae. He also was an adjunct professor of economics at Johns Hopkins University.
Marisa DiNatale is a Senior Director and Head of Global Forecasting at Moody’s. Marisa oversees all forecasting and publication operations in the Economics group within Predictive Analytics at Moody’s. Her areas of specialization and research are U.S. labor markets, household balance sheets and credit, and international economics. She is a cohost of the Moody’s weekly podcast “Inside Economics”. Marisa started her career as a labor economist at the Bureau of Labor Statistics in Washington, DC. She holds a master’s degree in Applied Economics from Johns Hopkins University and a bachelor’s degree in International Relations from Boston University.